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Depreciation report required every three years

 

BY DEB ABBEY, VANCOUVER COURIER

FEBRUARY 10, 2012

  

I've received many responses to a recent column I wrote about the changes to the Strata Properties Act, in particular, the mandatory requirement that strata corporations produce a depreciation report every three years.

The changes are part of a series of amendments that lawmakers passed in Bill 8, the Strata Property Amendment Act.

 

Strata corporations have assets and liabilities...

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